be a financial disaster, not only for our country, but for the worldwide economy. >> and president obama reminded congress the economic damage done by playing games with the debt limit. >> the last time republicans in congress even flirted with this idea, our aaa credit rating was downgraded for the first time in our history. our businesses created the fewest jobs of any month in nearly the past three years and, ironically, the whole fiasco actually added to the deficit. >> republicans basically had no choice but to retreat from their hard line position, negotiating with the american people. if the country defaulted, they would be responsible for a global economic collapse. the new plan for a three-month increase guarantees another debate in the next few months. okay, let's have it. it also shows republicans never had any intention on carrying out their threats. get your cell phones out. want to know what you think tonight. tonight's question, do republicans finally realize the consequences of holding the economy hostage? text a for yes. text b for no to 26239. debbie waserman schultz of